Bitcoin News: Venture Capitalists Debate Web3 Utility While Bitcoin Hovers around $70k and SOL Drops Further, but DeepSnitch AI Dominates Headlines As Presale Surges 160%

Prominent venture capitalists are publicly clashing over whether non-financial Web3 and blockchain applications have failed to achieve product-market fit, or if the sector is simply in an early phase awaiting broader adoption. This debate unfolds as BTC volatility keeps Bitcoin hovering near the $70,000 level and altcoins like Solana continue to face downside pressure.

Meanwhile, amid these institutional flows, a new narrative is beginning to capture market attention. While the Bitcoin news remains uncertain, DeepSnitch AI is emerging as a standout project, leveraging real-world utility and investor momentum as its presale surges by more than 160%,

Crypto VCs split on the future of web3 beyond finance  

A growing rift has emerged among leading crypto venture capitalists centered on whether Web3 use cases outside of trading have failed to attract meaningful user demand, or if they are still early-stage innovations waiting for the right conditions to scale.

The debate gained traction after a16z crypto managing partner Chris Dixon published commentary suggesting that the slow adoption of non-financial Web3 products stems less from weak ideas and more from years of industry setbacks. 

According to Dixon, repeated cycles of scams and sustained regulatory pressure have eroded trust and discouraged builders from fully exploring blockchain’s broader potential.

DeepSnitch AI presale surges 160% as demand continues to rise 

While the recent Bitcoin news remains uncertain, DeepSnitch AI is moving in the opposite direction. The project is seeing real demand because it gives traders useful intelligence to survive the current market. That’s why the presale is now up over 160% from the initial $0.01510, with its 5th stage underway and the token priced at $0.03906.

DeepSnitch AI features a live trading intelligence system built specifically for chaotic markets. The platform already runs multiple AI agents, including SnitchFeed, SnitchScan, SnitchGPT, and AuditSnitch, all reporting into a single live dashboard, so traders don’t have to juggle tools or guess which signals matter. That live utility is one of the reasons this project stands strong today despite the recent Bitcoin news.

The newest addition, AuditSnitch performs instant on chain contract audits, where users can paste a token address and it scans for honeypots, liquidity traps, ownership exploits, and tax anomalies in real time. This turns security from a separate research step into something embedded directly into the trading workflow. 

With the team’s decision to briefly delay the launch, holders now have extended access, tighter feedback loops, and more time to accumulate signals before the wider market arrives. So now is the best time to join in order to enjoy these benefits, and to enjoy them as soon as possible.

Bitcoin news: BTC hovers around $70k as crypto fear index remains on “extreme fear”

The Bitcoin news this past week has reflected deepening caution across crypto markets, with the flagship asset recently facing a noticeable pullback before stabilizing near the $70,000 level. After starting the week on February 3 trading at $77,740, BTC dropped and is now around $69,000 as of February 9, marking about a 14% decline over the week. 

The recent Bitcoin news and its price drop coincide with persistent “extreme fear” readings on sentiment gauges like the Crypto Fear & Greed Index, which has plunged toward the 9/100 region. This is a level often seen during major sell-offs, indicating how investors are responding. 

SOL drops further below $100 as bearish conditions intensify 

Following the recent Bitcoin news, Solana has extended its sell-off this week, losing significant ground as bearish sentiment grips the crypto market. After starting the week on February 3 at $102.98, SOL followed a downward trajectory and, as of February 9, is trading at $83.69 and down 19% over the past seven days. 

The break below the $100 psychological level, a key support zone, reflects intensifying bearish pressure that has dominated price action, with technical indicators showing rising short interest and expanding downside conviction among traders. 

Conclusion

As the recent Bitcoin news delivers another wave of uncertainty, traders are now moving away from large-cap altcoins and toward projects with live utility. In the middle of volatile price action and fragile market sentiment, DeepSnitch AI stands out by giving holders access to real-time intelligence.

Investors are also guaranteed huge gains with the DeepSnitch AI bonus offers. At the current presale price of $0.03906, a $10,000 purchase would normally secure roughly 256,000 DSNT tokens. However, by using the DSNTVIP150 bonus, that allocation increases to approximately 640,000 DSNT. 

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FAQs

How has the recent Bitcoin news affected the market?

Recent Bitcoin news has amplified fear and uncertainty, pushing traders to be more selective and data-driven. In this environment, DeepSnitch AI benefits because it offers live intelligence tools that help users navigate volatility instead of reacting blindly to price swings.

Can investors still enjoy most of DeepSnitch AI’s bonus offers?

Yes. DeepSnitch AI currently allows investors to maximize allocations through bonus codes. For example, a $5,000 buy with a 50% bonus can significantly increase token exposure, giving early holders good leverage.

Why is the recent Bitcoin news pushing investors to tokens like DeepSnitch AI?

When Bitcoin news turns negative and volatility rises, traders look for control rather than speculation. DeepSnitch AI provides that control through its features, helping users manage risk and uncover opportunities even during market stress.